News for hackers. Stuff that matters.

A comment on Bitcoin Futures Start with a Bang as Rally Trips Circuit Breaker. Parent comment

Re:Bitcoin Futures Start with a Bang as Rally Trips Circuit ... by camillomiller on Monday December 11, 2017 @01:33AM (#15895503)
Crypto might even be manipulated, but in this case what’s the issue? I don’t get your logic. Some independent financial entity decides to start trading futures on horse manure. That makes horse manure a heavily manipulated underlying financial product?
[ Parent | on HN ]
Re:Bitcoin Futures Start with a Bang as Rally Trips Circuit ... by gchokov on Monday December 11, 2017 @02:24AM (#15895643)
Well. You will see what manipulation means when the first contracts are about the expire!
[ Parent | on HN ]
Re:Bitcoin Futures Start with a Bang as Rally Trips Circuit ... by camillomiller on Monday December 11, 2017 @03:07AM (#15895751)
Mid-january then?
[ Parent | on HN ]
Re:Bitcoin Futures Start with a Bang as Rally Trips Circuit ... by gchokov on Monday December 11, 2017 @08:14AM (#15896808)
yes
[ Parent | on HN ]
Re:Bitcoin Futures Start with a Bang as Rally Trips Circuit ... by IncRnd on Monday December 11, 2017 @05:41AM (#15896230)
> That makes horse manure a heavily manipulated underlying financial product?

Yes. You will find people who use their fields of cows to pass off excrement as horse manure, injecting various gasses into the manure to pass excrement-inspections. You will also find actual owners of horses who discard half their horse manure.

[ Parent | on HN ]